Topic: Federal Reserve internal website is hacked. 4000 US bank executive info leaked. - page 2. (Read 3134 times)
February 05, 2013, 09:14:38 AM
so you are being a good citizen, turning around and receiving it from your government, and hating those that don't? because you are afraid the master would punish you again? what a brave man you are.
February 04, 2013, 11:45:35 PM
When we see massive internet censorship or a complete lockdown, we can all think Anonymous/LulSec/whatever the hell they call themselves these days.
No, we can thank the over reaching government that passes these regulations.
Do you punish all of your children when one of them does something wrong? No? Why not? Because that would be ridiculous! It certainly doesn't send the correct message.
It would absolutely be ridiculous, which is what my government does best. I don't know if you are in the US, but over here the government uses whatever reason it can find to expand its control. Anonymous is handing them that reason on a silver platter.
February 04, 2013, 10:48:34 PM
I can just see 4000 direct calls bright and early tomorrow: "Hello Mr. so-and-so? This is Gus Grisham from IT. We've had a security issue and I just need to get your current password to the system so I can change it down here on my end."
February 04, 2013, 10:03:38 PM
OH NOEZ TEH EVUL HAX0RZ ARE BEAN MEAN TO TEH POOR WIDDLE BANKSTERS!!!11!
WUT? DIS IS NOT LULZY NAO I HAS A SAD *CRYS*
The British Loyalists supported "peaceful action" and called the Boston Tea Party a criminal act. We know how that turned out.
You two would have made a terrible Minuteman; Thomas Jefferson and the Revolution would have offended you both greatly.
Quote
IN CONGRESS, JULY 4, 1776
The unanimous Declaration of the thirteen united States of America
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.
The unanimous Declaration of the thirteen united States of America
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.
Just because you choose to not exercise your right, and shirk your duty, to alter or abolish despotism doesn't mean others won't take up the slack.
I'm sure you two hate the law breaking whistleblowers behind ClimateGate for ruining the tyrannical Global Warming scam too, right?
February 04, 2013, 09:28:02 PM
When we see massive internet censorship or a complete lockdown, we can all think Anonymous/LulSec/whatever the hell they call themselves these days.
February 04, 2013, 09:16:05 PM
IIRC it's mostly local bank and credit unions.
If it's a leak by anonymous you can almost guarantee it's hyped and fucking retarded. They do absolutely nothing productive.
Anonymous == organized (debatable) vandalism
If it's a leak by anonymous you can almost guarantee it's hyped and fucking retarded. They do absolutely nothing productive.
Anonymous == organized (debatable) vandalism
February 04, 2013, 08:36:50 PM
This is a huge story.
I support peaceful action, not cyber-crime.
I support peaceful action, not cyber-crime.
February 04, 2013, 08:31:50 PM
I liked this line:
Won't it be nice when the Bitcoin network handles that kind of volume?
Quote
In 2007 the estimated average daily value of funds transferred via Fedline products was 2.7 trillion (an estimated 537,000 payments daily, the average was over $5 million per transaction).
Won't it be nice when the Bitcoin network handles that kind of volume?
If you just consider transactions we're doing over 10% of that:
http://blockchain.info/charts/n-transactions
February 04, 2013, 08:14:58 PM
I liked this line:
Won't it be nice when the Bitcoin network handles that kind of volume?
Quote
In 2007 the estimated average daily value of funds transferred via Fedline products was 2.7 trillion (an estimated 537,000 payments daily, the average was over $5 million per transaction).
Won't it be nice when the Bitcoin network handles that kind of volume?
February 04, 2013, 07:14:05 PM
Probably the later. IIRC FedWire uses asymetric encryption to sign transactions with the bank's private key. The whole PKI nine yards with CA, key revocation, HSM (hardware devices to securely store private keys). How each bank chooses to sign transactions is up to internal policy but it isn't like FedWire is a web app which each bank CEO logins from his personal computer using his weak password and approves $250,000,000 worth of daily wire transfers.
February 04, 2013, 07:07:40 PM
Has Anonymous really hacked the printing press at the US Federal Reserve or just embarrassed a few officials? There is a huge difference.
February 04, 2013, 06:27:28 PM
http://www.zdnet.com/anonymous-posts-over-4000-u-s-bank-executive-credentials-7000010740/
4000 US bank executive login credentials and contact info is leaked by anonymous. The exact detail of the hack is still unknown, but since the leak contains password hash, this time it seems they indeed hacked a high-security well-guarded (who knows, maybe federal reserve is not that highly sophisticated) computer. Not sure what these login credentials are used for, but if this is the hack to the "Fedline", which system all US banks transferring money among themselves ( the transfer of federal reserve), this would be a very serious hack.
Not sure what to say about these "kids", they may induce serious backfire if this is indeed the Fedline.
And I think this news is highly relevant to bitcoin. At least,with bitcoin, there is no one point of failure comparing other currency arrangements.
Updated : Edited the title from "Breaking(unconfirmed): THE system is hacked?4000 US bank executive info leaked" to "Federal Reserve internal website is hacked. 4000 US bank executive info leaked." News confirmed by Reuters: http://www.reuters.com/article/2013/02/06/net-us-usa-fed-hackers-idUSBRE91501920130206
Though it is not Fedline or Fedwire, it is some internal website. Seems like just kidy hack rather than real breaking hack. "The website's purpose is to allow bank executives to update the Fed if their operations have been flooded or otherwise damaged in a storm or other disaster. That helps the Fed to assess the overall impact of the event on the banking system."
4000 US bank executive login credentials and contact info is leaked by anonymous. The exact detail of the hack is still unknown, but since the leak contains password hash, this time it seems they indeed hacked a high-security well-guarded (who knows, maybe federal reserve is not that highly sophisticated) computer. Not sure what these login credentials are used for, but if this is the hack to the "Fedline", which system all US banks transferring money among themselves ( the transfer of federal reserve), this would be a very serious hack.
Not sure what to say about these "kids", they may induce serious backfire if this is indeed the Fedline.
And I think this news is highly relevant to bitcoin. At least,with bitcoin, there is no one point of failure comparing other currency arrangements.
Updated : Edited the title from "Breaking(unconfirmed): THE system is hacked?4000 US bank executive info leaked" to "Federal Reserve internal website is hacked. 4000 US bank executive info leaked." News confirmed by Reuters: http://www.reuters.com/article/2013/02/06/net-us-usa-fed-hackers-idUSBRE91501920130206
Though it is not Fedline or Fedwire, it is some internal website. Seems like just kidy hack rather than real breaking hack. "The website's purpose is to allow bank executives to update the Fed if their operations have been flooded or otherwise damaged in a storm or other disaster. That helps the Fed to assess the overall impact of the event on the banking system."
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